T3 Apartment 62 m² for Sale Chaville - €395,000, Energy Performance Certificate D

The listed price for this apartment is €395,000 for a surface area of 62 m², which gives a price per m² of €6,365.16.

Based on public data from the DVF (Demand for Property Value), the median price per m² for an apartment in Chaville is estimated at €4,800 (source: DVF DGFiP, consulted in 2023). Thus, this property is above the market median by 32.5%.

Analyzing trends over the last 12 months, apartment prices in Chaville have increased by about 5% (source: Notaires de France, consulted in 2023). This upward trend may be attributed to increased demand in the area, particularly due to proximity to Paris and transport infrastructure.

In summary, the price of this apartment is above the market median, which can be justified by its features (balcony, parking, general condition).

For a purchase at €395,000, notary fees are estimated between 7% and 8% for an old property. This represents a cost of approximately €27,650 to €31,600 (estimate based on current professional scales).

The total acquisition cost would therefore be approximately €422,650 to €426,600.

Regarding financing, with a down payment of 10% (€39,500), the amount to borrow would be €355,500. At the current average rate of 3.4% over 20 years, the monthly payment would be around €2,000 (calculation based on the listed price and declared characteristics).

The gross rental yield is estimated at 4.5% if the monthly rent is set at €1,500 (estimate based on local rents). The net cash flow, after deducting charges and property tax, would be approximately €500 per month.

The Energy Performance Certificate indicates an energy consumption of 179 kWh/m²/year, classifying the property in category D. The annual energy cost is estimated between €1,000 and €1,390 (estimate based on declared data).

The property tax in Chaville for an apartment of this size is estimated at around €1,200 per year (estimate based on sector averages).

The Energy Performance Diagnosis (DPE) of this apartment is classified D, with a consumption of 179 kWh/m²/year and greenhouse gas emissions (GHG) also classified D (38 kg CO2/m²/year).

According to the Climate and Resilience law, properties classified F or G can no longer be rented from 2025. This property will therefore not be subject to these rental prohibitions.

To improve the energy class, renovation work may be necessary, with an estimated cost between €15,000 and €30,000 to reach class C (estimate based on current professional scales).

Available aids for this work include MaPrimeRénov' and Energy Savings Certificates (CEE), with amounts varying according to income and the work carried out.

The apartment is located in Chaville, in immediate proximity to shops and schools. The Chaville-Rive-Droite train station is about a 10-minute walk away, providing direct access to Paris in 20 minutes (source: SNCF, consulted in 2023).

Bus lines also serve the neighborhood, facilitating travel to nearby towns.

In terms of quality of life, the neighborhood is known for its tranquility, with several green spaces nearby, such as the town hall park and the valley park.

The demographics of Chaville show a median income of €30,000 per year, with a population mainly composed of families and young professionals (source: INSEE, consulted in 2023).

Chaville is located in a low flood risk area, according to data from Géorisques. However, it is important to check for any easements on the property, particularly regarding underground parking.

The Local Urban Plan (PLU) of Chaville imposes rules regarding construction and renovations, which must be respected to avoid penalties.

Regarding rent control, there is no specific capping in Chaville, but it is advisable to stay informed about legislative developments.

By comparing this apartment with other similar properties in the area, it is noted that the price per m² is above the market median. Other 3-room apartments in the neighborhood are selling between €5,000 and €6,000 per m², placing this apartment in a high price range.

The advantages of this apartment include its general condition, its south-facing balcony, and the presence of underground parking, which are sought-after criteria by buyers. However, the price may be a deterrent for some potential buyers, especially those with a more limited budget.